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Raiffeisen Investment: 3.3 billion euros' worth of acquisitions in H1
The local merger and acquisitions market (M&A), which includes real estate sales, reached 3.3 billion euros in the first half of this year, compared with 1.1 billion euros during the same ti...
Private medical services market: close to 1bn euros by 2012
The market of private medical services could reach 890m euros by around 2011, more than double the 350m euros forecast for this year, a period during which cities other than Bucharest will c...
Deutsche Bank: 100m euros in two GTC projects
RREEF, a division of Deutsche Bank Asset Management, a real estate giant with assets worth almost 50bn euros, owns stakes worth 100m euros in the housing complexes FeliCity and Rose Garden,...
Romanians' overdue payments to banks are worth 190m euros
The population's overdue payments for bank credits accelerated in April, and reached 690.6 million RON (almost 190 million euros), with the highest share being accounted for by credits taken...
The biggest ING Pension contribution: 4,400 euros
The biggest contribution paid by an ING client to a mandatory pension fund (2nd pillar) in June was almost 4,400 euros (16,041 RON), according to ING Fond de Pensii data. This means that ING...
Product diversification drives Friesland turnover to over 137m euros
Friesland Foods Romania, leader of the local dairy market, estimates turnover worth over 137 million euros this year, up 20% against last year, amid an expansion of its product range. The pr...
Daw&Caparol's paint sales reach 21m euros
Daw Benta, based in Mures county, a member of the Daw&Caparol group, a varnish and paint producer, estimates it will post a 21 million-euro turnover this year, up by around 8% against last y...
Unirea Shopping Center: 19.3m euros from rents
Unirea Shopping Center (SCDM), the company that controls the store of the same name in central Bucharest, last year derived rent revenues worth 64.4m RON (19.3m euros), up 15% year-on-year....
500 Romanian executives earn more than 10,000 euros a month
The managers in positions such as chief executive officer, general manager, country manager or partner in consultancy firms, law firms, real estate companies and investment funds are the hig...